Sr. Purchase Analyst

Neurealm Company; Pune District; On-site; INR 800,000 - 1,400,000; Full time

Job summary

Neurealm Company is seeking a Sr. Purchase Analyst to oversee IT procurement lifecycle, from BOM analysis to vendor negotiations, across hardware, software and SaaS. The role requires coordinating with IT, Finance and Legal to ensure compliant contracts and timely deliveries.

The ideal candidate will have strong analytical skills, excellent communication, and experience managing multi-location IT spend and renewals.

Qualifications

• Experience in IT procurement lifecycle and processes.
• Strong vendor evaluation, negotiation, and contracting skills.
• Effective communication with technical and business stakeholders.
• Ability to manage multiple procurement activities and meet timelines.

Responsibilities

• Review IT BOMs, technical specs, SOWs and requirements for accuracy.
• Manage end-to-end IT procurement for hardware, software, SaaS, and services.
• Coordinate vendors, issue POs, track delivery and handle invoicing queries.
• Lead contract, license, and SLA management with Legal/Finance/IT.
• Governance, compliance, and multi-location procurement support.

Skills

IT procurement

Vendor management

Negotiation

Stakeholder management

Analytical skills

Education

Bachelor’s or Master’s degree in any discipline

Tools

MS Excel

MS Teams

Outlook

Job description

## Sr. Purchase Analyst03-11-2026 13:02:24Job\\_3049594 - 7 years* Pune, Maharashtra, India (PUN)Work Location: MumbaiKey Responsibilities· IT Requirement Analysis: Review and analyze IT Bills of Material (BOMs), technical specifications, Statements of Work (SOWs), and business requirements to ensure accuracy, completeness, and alignment with technology needs.· End-to-End IT Procurement: Manage the complete procurement lifecycle for IT hardware, software, SaaS/cloud solutions, IT infrastructure, licenses, subscriptions, peripherals, and technology services.· Procurement Operations: Manage day-to-day IT procurement activities, including requisitions, approvals, purchase orders (POs), vendor coordination, delivery tracking, invoice-related queries, and escalation management.· Commercial Negotiation: Lead negotiations with IT vendors to achieve competitive pricing, favorable commercial terms, payment terms, warranties, service levels, and other contractual commitments.· Contract & License Management: Draft, review, negotiate, and manage IT vendor contracts, licensing agreements, subscriptions, SOWs, and SLAs in coordination with Legal, Finance, IT, and other stakeholders.· Stakeholder Management: Partner with IT teams, business functions, Finance, Legal, Information Security, and other stakeholders to understand technology requirements and ensure timely procurement.· Vendor Management: Identify, evaluate, onboard, and manage IT vendors while developing strong strategic relationships to ensure quality, reliability, service continuity, and commercial competitiveness.· Technology Spend Management: Analyze IT spend and vendor proposals to identify opportunities for cost savings, consolidation, standardization, and optimization of technology investments.· IT Asset & Lifecycle Support: Support procurement activities related to the IT asset lifecycle, including new purchases, renewals, upgrades, replacements, and technology refresh requirements.· Renewals Management: Track and manage software licenses, SaaS subscriptions, support contracts, AMC/ATS agreements, and other technology renewals to ensure timely action and avoid business disruption.· Governance & Compliance: Ensure adherence to procurement policies, authorization matrices, vendor governance, information-security requirements, and ethical standards.· Multi-Location Support: Independently manage IT procurement requirements and stakeholder expectations across FSL locations, ensuring consistency, efficiency, and timely delivery.Education & Skills· Bachelor’s or Master’s degree in any discipline; Supply Chain Management, Procurement, IT, Technology, or Business Management will be preferred.· Relevant experience in IT Procurement, Technology Sourcing, Vendor Management, IT Commercials, or Procurement will be preferred.· Strong understanding of IT procurement categories such as hardware, software, SaaS, cloud, IT infrastructure, licensing, IT services, and support contracts.· Proficiency in Microsoft Office Suite, particularly Excel, Word, Outlook, and MS Teams.· Strong analytical, numerical, commercial, negotiation, and problem-solving skills.· Excellent verbal and written communication skills with the ability to effectively engage with technical and business stakeholders.· Strong understanding of vendor evaluation, commercial negotiations, contracts, SLAs, licensing, and procurement governance.· Ability to manage multiple procurement activities independently, prioritize requirements, and deliver outcomes within timelines.· Ability to work effectively with IT, Finance, Legal, Information Security, business teams, and external technology partners.\"